Plan Snapshot
- Plan Sponsor: Kane Realty Corporation
- Sponsor EIN: 561228678
- Sponsor Address: 4321 LASSITER AT NORTH HILLS AVENUE, RALEIGH, NC, 27609
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $13.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 295 | $13.8M | $501,512 | $1.0M |
| 2023 | 271 | $11.7M | $441,146 | $977,148 |
| 2022 | 244 | $9.1M | $427,718 | $837,556 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THOMAS, JUDY & TUCKER | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $24,347 | — | $22,797 | — | — |
| 2023 | $19,460 | — | $18,560 | — | — |
| 2022 | $16,676 | — | — | — | — |